Catching occasional glimpses of Goran Dragic here at the 2014 FIBA Basketball World Cup, even when he's wearing the green of Slovenia, inevitably makes you think of Eric Bledsoe.

Especially because it's already September.

Inside a month to go before the Phoenix Suns and the rest of the league open up their training camps, Bledsoe remains unsigned, just 25 days and change away from the Suns' scheduled return to work in Flagstaff, Arizona.

Which raises the unappetizing possibility that Bledsoe won't even be there for that first day of camp to reunite with Dragic. The deadline for the Suns' prized restricted free agent to sign his qualifying offer isn't until Oct. 1. And these parties have been locked in a stalemate for months.

As ESPN.com reported in August, Bledsoe is seeking the five-year max from Phoenix worth $85 million. The Suns' offer has topped out, to this point, at a reported $48 million over four years. The resulting impasse -- and tension -- has led to both parties exploring sign-and-trade options while Bledsoe himself inches closer to playing next season on a $3.7 million qualifier that would allow him to become an unrestricted free agent in July 2015.

Going the latter route would be an undeniable risk for Bledsoe, coming off a second knee surgery that limited him to 43 games last season, but make no mistake: Phoenix would be facing tremendous risk here as well. Should Bledsoe decide to sign the qualifying offer, as appears increasingly likely if no sign-and-trade materializes, Bledsoe can't be traded without his consent for the whole season ... and would instantly set himself up to join Dragic as an unrestricted free agent next summer.

Consider that last sentence again.

If Bledsoe elects to go the rare qualifying offer route, Phoenix would suddenly face the very real possibility of losing both of its two best assets without compensation in 2015 free agency.